Which returned more over the last year, GOVT or SCHP?

In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and SCHP −0.8%.

Which is cheaper, GOVT or SCHP?

SCHP is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

GOVT vs SCHP: Differences, Returns & Fees

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GOVT's duration was 5.5 years on Jul 31, 2026 and SCHP's 6.3 on Jun 30, 2026; SCHP charges 0.03% to GOVT's 0.05%.

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Net assets: $42.8bn on Oct 27, 2026 for iShares U.S. Treasury Bond ETF, and $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF.

GOVT on its own →SCHP on its own →

At a glance

−1.5%

GOVT total return, 1 year

−0.8%

SCHP total return, 1 year

0.05%

GOVT expense ratio

0.03%

SCHP expense ratio

Pair scorecard

SCHP costs 0.02 points a year less; their one-year returns differ by 0.7 points.

GOVT vs SCHP: Differences, Returns & Fees
Measure	GOVT	SCHP
Return
Measure	GOVT	SCHP
Total return, 1 year	−1.5%	−0.8%
Drawdown
Measure	GOVT	SCHP
Below its high	8.1%, high on Aug 4, 2020
Benchmark
Measure	GOVT	SCHP
What it tracks	ICE U.S. Treasury Core Bond Index	US TIPS
Cost and size
Measure	GOVT	SCHP
Expense ratio	0.05%	0.03%
Net assets, GOVT as of Oct 27, 2026 and SCHP as of Jun 30, 2026	$42.8bn	$16.5bn
Holdings
Measure	GOVT	SCHP
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

What they share

By the books each fund has filed, GOVT and SCHP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GOVT SCHP

Only in one fund ↓

Only in GOVT

U.S. Treasury Notes, due Nov 15, 2031 5.28%

U.S. Treasury Notes, due Feb 15, 2029 2.95%

U.S. Treasury Notes, due Feb 15, 2028 2.63%

U.S. Treasury Notes, due Nov 15, 2028 2.08%

U.S. Treasury Notes, due May 15, 2028 1.62%

U.S. Treasury Bonds, due May 15, 2046 1.48%

U.S. Treasury Bonds, due Nov 15, 2042 1.46%

U.S. Treasury Bonds, due Feb 15, 2051 1.46%

Only in SCHP

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2035 4.07%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2035 4.01%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2036 4.00%

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2034 3.77%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2034 3.60%

U.S. Treasury Inflation-Indexed Notes, due Oct 15, 2030 3.40%

U.S. Treasury Inflation-Indexed Notes, due Apr 15, 2030 3.38%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2033 3.36%

Check overlap with more funds →

Side by side

GOVT iShares U.S. Treasury Bond ETF SCHP Schwab U.S. TIPS ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Schwab

What it is Tracks an index of U.S. Treasury Bond Tracks an index of US TIPS

Total return, 1 year −1.5% −0.8%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured +0.6 pts vs AGG

Expense ratio 0.05% 0.03%

Holdings 229 48

Net assets, GOVT as of Oct 27, 2026 and SCHP as of Jun 30, 2026 $42.8bn $16.5bn

GOVT and SCHP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

GOVT

GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 on Oct 28, 2026.

SCHP

SCHP tracks an index of US TIPS. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, GOVT or SCHP?: In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and SCHP −0.8%.
Which is cheaper, GOVT or SCHP?: SCHP is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

GOVT vs TIP GOVT vs PFF GOVT vs IEI GOVT vs HYG SCHP vs VGIT IEF vs SCHP MBB vs SCHP SCHP vs VGSH

Where to next

GOVT on its own →SCHP on its own →Hold both: look the portfolio through →Rankings →GOVT dividend history →GOVT holdings →SCHP dividend history →SCHP holdings →Standards and sources →

Sources and dates

GOVT filings on SEC EDGAR ↗

GOVT prospectus with the expense ratio (SEC) ↗

iShares page for GOVT ↗

SCHP filings on SEC EDGAR ↗

SCHP prospectus with the expense ratio (SEC) ↗

Schwab website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, GOVT against SCHP, data as of Oct 28, 2026. https://etfiq.com/compare/any/govt-vs-schp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.